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RE: Distribution and Curation: Ending the Infinite Circle Jerk in the Trending Section and Lifting the 99.99%

in #circlejerk7 years ago

It's not a free market, it's a highly regulated system with specific rules chosen to produce specific results. It's like a car engine. The better you design it, the faster it will go.

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What is regulated are the contracts that the virtual coins represent. But this is not why you have a wealth pyramid.

Don't get me wrong. I am all in for changes and fixes in the way Steemit works (altough IMO the more important ones are related the the Steemit social network's user experience), but none of these will make the wealth distribution more fair.

When you assign a reward for choosing a post that others will like, you are regulating behavior. That is a regulation and the site is full of them. And yes, there are ways to make the wealth distribution more fair. Changing the way rewards are dolled out is one of them.

I have to laugh at your vote bots though. 3 minutes and 18 votes? I don't know what to think of that stuff.

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